Description
Land | Development Site 26 Units. Joint venture option. Prime location in Oakland Park between I-95 and Powerline Rd. Consists of two folios/APNs: 4942 21 00 0051 and 4942 21 38 0010. This land/development site (26 residential units plus commercial first floor as office/retail) is available for sale and/or as a joint venture. Currently, planned as a class “A” commercial / residential development on 1.13 acre (approx. 49,467 SQFT). The Sweet Acacia project would consist of five stories and approximately 42,956 square feet of building area including a first floor lobby and retail space. Investment/joint venture information includes: 3-5 year hold period, 9% pref return (classA1, A2), 22% and target IRR.
Overview
Address: 3939 Powerline Rd, Oakland Park FL 33309
City: Oakland Park
Area: GOOGE PLAT NO 1
State/County: Broward County
Zip: 33309
Country: United States
Open In Google MapsProperty Id : 119989
Price: $ 1,450,000
Property Lot Size: 1 ft2
Other Features
Balcony
Built-In Grill
Can Raise Horses
Electrical Utility Available
Elevator
Exterior Cat Walk
Exterior Lights
First Floor Entry
Fruit Trees
Has a View
Has Cooling System
Has Heating System
Has Waterfront
Home Owners Association
Interior Hall
New Construction
Open Balcony
Open Parking
Other
Other Equipment/Appliances
Outdoor Shower
Property Attached
Room For Pool
Spa
Stairs